ZIP Code 56088 — Truman, MN
IRS Income Data, Tax Year 2022
$75,832
Average AGI
#10,311
National Rank
#363
MN State Rank
920
Tax Returns
Income Bracket Distribution
Percentage of tax returns in each AGI bracket for ZIP 56088.
Detailed Bracket Data
| Income Bracket | Returns | Total AGI | Avg AGI in Bracket | % of Returns |
|---|---|---|---|---|
| $1 - $25,000 | 250 | $3,119,000 | $12,476 | 27.2% |
| $25,000 - $50,000 | 220 | $8,365,000 | $38,022 | 23.9% |
| $50,000 - $75,000 | 150 | $9,233,000 | $61,553 | 16.3% |
| $75,000 - $100,000 | 90 | $8,084,000 | $89,822 | 9.8% |
| $100,000 - $200,000 | 160 | $21,354,000 | $133,462 | 17.4% |
| $200,000 or more | 50 | $19,611,000 | $392,220 | 5.4% |
| Total | 920 | $69,766,000 | $75,832 | 100% |
Nearby Major Cities
Closest cities by distance with significant tax filing activity.
| City | Distance | Avg AGI | Tax Returns |
|---|---|---|---|
| Minneapolis, MN | 100 mi | $88,027 | 187,810 |
| Rochester, MN | 102 mi | $95,397 | 67,880 |
| Saint Paul, MN | 103 mi | $84,722 | 96,050 |
| Brooklyn Center, MN | 104 mi | $63,394 | 52,010 |
| Sioux Falls, SD | 116 mi | $81,804 | 76,110 |
| Des Moines, IA | 158 mi | $69,159 | 78,230 |
Similar ZIP Codes in Minnesota
| ZIP Code | City | Avg AGI | Nat. Rank |
|---|---|---|---|
| 55919 | Brownsville | $75,877 | #10,298 |
| 56240 | Graceville | $75,778 | #10,331 |
| 55936 | Grand Meadow | $75,773 | #10,333 |
| 55924 | Claremont | $75,770 | #10,334 |
| 56136 | Hendricks | $75,728 | #10,357 |
| 56296 | Wheaton | $75,966 | #10,253 |
| 55349 | Howard Lake | $76,040 | #10,218 |
| 56226 | Clontarf | $75,590 | #10,417 |
Nearby ZIP Codes
Closest ZIP codes by geographic distance.
| ZIP Code | City | Distance | Avg AGI | Nat. Rank |
|---|---|---|---|---|
| 56031 | Fairmont, MN | 8.9 mi | $71,332 | #12,294 |
| 56039 | Granada, MN | 9.0 mi | $68,087 | #13,937 |
| 56060 | Lewisville, MN | 9.2 mi | $76,426 | #10,052 |
| 56127 | Dunnell, MN | 10.0 mi | $59,858 | #18,746 |
| 56162 | Ormsby, MN | 11.9 mi | $83,815 | #7,664 |
| 56090 | Vernon Center, MN | 13.6 mi | $71,158 | #12,383 |
| 56176 | Trimont, MN | 14.1 mi | $79,894 | #8,829 |
| 56181 | Welcome, MN | 14.8 mi | $66,583 | #14,783 |
About This Data
Income data is based on IRS Statistics of Income (SOI) ZIP code data for Tax Year 2022. AGI (Adjusted Gross Income) represents gross income minus certain deductions. Rankings are calculated across 788 ZIP codes in Minnesota and all U.S. ZIP codes nationally. Data reflects tax returns filed, not total population.